https://youtu.be/iaauDbaRHa8
It's the beginning of December, and as a business owner, timing your deductions to match your revenue, is at the top of your goals that we here from our clients. In this episode, I quickly cover some of the deductions that you should think about both before, or after, the end of the year. If you haven't set up your "Perfect Plan", now is the time.
In my latest interview with key people in the financial services world, I had the pleasure to hear from my friend Ali Nasser as he explained his history of working with business owners and their "dilemmas". We chatted about our friendship, history, and how he decided to write his book where you'll learn that you aren't alone in how you run your business, what you prioritize, and what you think about. He has spoken nationwide about this topic, and you can learn more by accessing his book through this link:
If you'd like to purchase his book, please use the following link:
https://www.amazon.com/Business-Owners-Dilemma-Control-Chatter/dp/1544501463
Through his stories, he'll help you gain clarity of what is most important to you, and help you lay out a plan for your "ideal" situation.
P.S. SEB does not make any money on the sales of this book, and 100% of the proceeds from his book go to Charity (Water). We hope that you enjoy what it offers you, and that if you find value, we would be happy to help you Clarify your ideal Future.
As a financial advisor of over 34 years, where I grew up at the kitchen table listening to BOTH of my parents discuss their day at work, I learned the “basics” of finance at a very young age. Some would even say, “he couldn’t run fast enough to get away from it”.
So how can the knowledge shared over the kitchen table by two of the smartest financial people I’ve known in my life help you? Well, first off, if you haven’t had the chance to listen to “The Perfect Plan” podcast on YouTube hosted by Matt Schiff and Schiff Benefits, then you have missed out on incredible “wisdom” from financial services industry wizards from all sides of the financial services world. Hear from experts like:
Every business owner starts their business with the intent to "sell it" sometime in the future, make a lump sum, and walk away. Most likely, if you are reading this, you're more than far enough along in your ownership journey that you are now asking yourself:
"How much is my business worth?".
https://youtu.be/VUsv8NaXsrc
Are you a business owner? Have you ever thought about selling your business? How much is it worth? Do you have other shareholders, or family that own part of the business?
Well, in this, the Sixth episode of The Perfect Plan, Dan Zugell, my friend and colleague of 25 plus years goes into the wonder of an Employee Stock Ownership Plan (ESOP). In this qualified retirement plan solution for a business owner, you have a ready and willing buyer, that will buy your business, for a set dollar amount, at a set triggering event. If done correctly, you as the business owner can still run it, control it, and participate in the future growth of your company.
Dan goes into the benefits, tax advantages, and rules of how to design "the perfect" exit strategy for the closely held business owner. Take a few minutes and hear what he has to say, then contact us on how we can help you monetize your largest asset.
Ps. You can schedule a direct call with Dan at https://dantheesopman.com/ or with SEB at Calendly - Matthew E Schiff
https://youtu.be/mXFv0Cp3zAo?si=STHkIxZZqru-m5L4
In this episode, the 5th Episode of the "The Perfect Plan", Jamie Hopkins Esq., LLM, CFP®, ChFC®, CLU®, RICP® CEO Bryn Mawr Capital Management, LLC joins us to discuss investments, wealth accumulation, the Department of Labor, and Retirement Planning. Check out his insight into how to create your "Perfect Plan".
As a business owner, how do you keep your best people and properly plan for yourself and your executives? Well, Bud Schiff, past President of Mutual of New York (MONY), past president of NYLEX Benefits, managing director of Alvarez and Marsal gives his insight of over 50 years in this podcast about employee retention strategies.
If you want to find a way to "retain" your best employees in a post no "non-compete" environment, listen up, and then give us a call. It's easier than you think, and it costs more to retrain a new hire, than it is to retain your best employee.
Are you an Attorney, Accountant, TPA, Trust Officer, Insurance Agent, Property and Casualty agent? If you work with Business Owners, and their families, then you want to be at this meeting where you will hear about how to COLLABERATE with other professionals who work with your client.
We will spend the day on Thursday, May 16th at the Fitler's Club in Philadelphia sharing a case study that is VERY relevant in today's world. How do you handle the intricacies of the family while bringing together all needed advisors to work seamlessly?
Well, we will have 20-25 attendees from different professions, coming together to discuss the challenges that they are facing with their clients in 2024. Come join us, and network with some of the best in their fields.
P.S. The night before, we have a Box at Citizens Bank Park for the game between the NY Mets and the Philadelphia Phillies (@6:40pm).
Sign up below to save your spot.
We are thrilled to have Tom Hegna, past Senior Vice President of New York Life's Annuity division on to discuss how to Retire Happy, regardless of your age. In the Third Episode, Tom gives you insights into what you should do, when you should do it, and what PRODUCTS, you should have to retire HAPPY.
P.S. If you want to learn more for your specific situation, click on the form to the right to have your "Perfect Plan" designed based upon your goals.
https://youtu.be/jQ7xGYpVHp0?si=yOWXs1To9Ba6N8yy
#RetireHappy #PerfectPlan #Income #IncomeAnnuity #Annuties #LifetimeIncome
You've heard the saying, "Buy Term and invest the difference, right?" Well, in this clip, Tom Hegna explains the BASICS about Whole Life Insurance. When combined with other tax strategies, as well as a Long Term Care Rider which is now a "standard" rider that EVERYONE should add to your policy (if old enough), it becomes an Asset that you can use your WHOLE LIFE.
If you are in your 20's, the concept is compounding. A life insurance policy purchased when young, can do the following: